Price of Gold This Week Is Rallying; Here's How High It Will Go

The price of gold this week is trending upward after a volatile stock market correction in early February. While tumbling stocks temporarily weakened gold prices, the yellow metal is rallying again. In fact, gold has regained everything it's lost over the course of February. Last Friday (Feb. 16), gold prices touched $1,361 on an intraday basis, up from a low of $1,311 a few days earlier. I believe gold's quick comeback is just the beginning. As the spectre of rising inflation and rising interest rates continues to grow, we can expect gold to climb even higher... Tags: Gold Prices To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Price of Gold This Week Is Rallying; Here's How High It Will Go appeared first on Money Morning - We Make Investing Profitable .